CRS stock icon

Carpenter Technology
CRS

$98.46
1%
 

About: Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's segment includes Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's major premium alloy and stainless steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama.

Employees: 4,500

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 5 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

80% more funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 9 (+4) [Q1 2024]

65% more call options, than puts

Call options by funds: $12.8M | Put options by funds: $7.78M

1% more capital invested

Capital invested by funds: $3.24B [Q4 2023] → $3.27B (+$27.8M) [Q1 2024]

0.16% more ownership

Funds ownership: 92.89% [Q4 2023] → 93.05% (+0.16%) [Q1 2024]

3% less funds holding

Funds holding: 300 [Q4 2023] → 290 (-10) [Q1 2024]

19% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 54

19% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 118

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$89
10%
downside
Avg. target
$122
24%
upside
High target
$140
42%
upside

5 analyst ratings

positive
80%
neutral
0%
negative
20%
Northcoast Research
Chris Olin
10%downside
$89
Sell
Downgraded
14 Jun 2024
TD Cowen
Gautam Khanna
27%upside
$125
Buy
Maintained
10 Jun 2024
Benchmark
Josh Sullivan
42%upside
$140
Buy
Reiterated
28 May 2024
Benchmark
Josh Sullivan
42%upside
$140
Buy
Maintained
8 May 2024
TD Cowen
Gautam Khanna
18%upside
$116
Buy
Maintained
2 May 2024

Financial journalist opinion

Based on 7 articles about CRS published over the past 30 days